People Moves

Ex-RAB Capital executive heads Adveq Hong Kong push

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David Seex, the former Asia CEO of hedge fund manager RAB Capital, now runs the Hong Kong office of the London-headquartered Adveq, a $4.5 billion fund of funds that invests in private equity funds globally.

It is the group’s third office in the region after establishing a presence in Beijing in 2008 and in Shanghai in 2011.

Adveq’s CEO Sven Lidén says the opening of the Hong Kong office broadens the group’s footprint in the region and demonstrates the importance of Asia to the firm’s future plans.

Adveq, which was founded in 1997, invests in private equity and